Cardano (ADA) Trading Down 20.5% Over Last Week

0
142



Cardano (ADA) traded down 7.2% against the U.S. dollar during the 1 day period ending at 9:00 AM Eastern on April 11th. In the last week, Cardano has traded 20.5% lower against the U.S. dollar. Cardano has a market capitalization of $32.34 billion and approximately $1.10 billion worth of Cardano was traded on exchanges in the last 24 hours. One Cardano coin can currently be purchased for $0.96 or 0.00002330 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

  • ION (ION) traded down 5.5% against the dollar and now trades at $4,920.44 or 0.11961005 BTC.
  • Avalanche (AVAX) traded down 9.4% against the dollar and now trades at $75.68 or 0.00183978 BTC.
  • TerraUSD (UST) traded down 0% against the dollar and now trades at $1.00 or 0.00002432 BTC.
  • Cronos (CRO) traded down 6.1% against the dollar and now trades at $0.42 or 0.00001014 BTC.
  • NEAR Protocol (NEAR) traded 6.7% lower against the dollar and now trades at $15.40 or 0.00037445 BTC.
  • Uniswap (UNI) traded 6.8% lower against the dollar and now trades at $9.33 or 0.00022680 BTC.
  • Hedera Hashgraph (HBAR) traded flat against the dollar and now trades at $0.36 or 0.00000629 BTC.
  • Algorand (ALGO) traded 8.1% lower against the dollar and now trades at $0.71 or 0.00001732 BTC.
  • Hedera (HBAR) traded down 7.2% against the dollar and now trades at $0.20 or 0.00000482 BTC.
  • Elrond (EGLD) traded down 5.7% against the dollar and now trades at $155.48 or 0.00377965 BTC.

About Cardano

ADA is a proof-of-stake (PoS) coin that uses the Ouroboros hashing algorithm. Its launch date was October 5th, 2017. Cardano’s total supply is 34,277,702,082 coins and its circulating supply is 33,739,028,516 coins. Cardano’s official website is www.cardano.org. Cardano’s official Twitter account is @CardanoStiftung and its Facebook page is accessible here. The Reddit community for Cardano is /r/cardano and the currency’s Github account can be viewed here. The official message board for Cardano is medium.com/feed/cardanorss.

According to CryptoCompare, “Designed and developed by IOHK in conjunction with the University of Edinburgh, the University of Athens and the University of Connecticut, Cardano SL (or Cardano Settlement Layer) is a Proof of Stake cryptocurrency based on the Haskell implementation of the white paper “Ouroboros: A Provably Secure Proof of Stake Blockchain Protocol” by Aggelos Kiayias, Alexander Russell, Bernardo David and Roman Oliynykov. Blockchain data provided by: Blockchair “

Cardano Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Cardano directly using US dollars. Investors seeking to acquire Cardano should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Cardano using one of the aforementioned exchanges.



Receive News & Updates for Cardano Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Cardano and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here